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2&3) "Your personal-use assets such as clothes, jewellery, stamps, art works, antiques, collectible coins and other personal effects.
However, it excludes the following:
a. A coin of which the intrinsic value is mainly attributable to the material from which it has been minted or cast." - From http://www.sars.gov.za/home.asp?pid=5247 .

Furthermore:
"“asset” includes—(a) property of whatever nature, whether movable or immovable, corporeal or incorporeal, excluding any currency, but including any coin made mainly from gold or platinum;"
- From http://www.sars.gov.za/lnb/mylnb.asp...lrg/vlrg/p8k0a .

On http://www.ftrservices.co.za/cgt.htm it is stated:
"Personal belongings (include)...coins and medallions (this does not apply to items like ...gold and silver coins)."
I do not know where they get those facts regarding silver coins, and I believe that they made an error
and should have it as 'gold and platinum coins', as mentioned in the SARS literature.

So from these definitions I ascertain that any currency is exempt from CGT, bar the
taxes applicable to Forex gains (which I know nothing about). But certainly currency
like the old silver R1's would be exempt, as well as possibly the 80% and 50% silver
Union coins.

Any silver coin or coin not made mainly of Gold or Platinum is exempt from CGT, when
that coin has a numismatic premium that values it above the spot price of its metal content.

Certified coins almost always have some premium above intrinsic metal value, so
any certification even on Gold and Platinum coins should be a strong argument
against CGT and to the fact that it is then a collectible coin.

Bullion bars are not mentioned, so for silver bullion not in coin form I do not know
what conclusions to draw. I think it has to be assumed that they would not be regarded
as personal use items, and would thus be CGT applicable.

These are my own interpretations from the available information and I welcome
any criticism or debate. Thank you.